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Critical level

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I have been amazed how some shares seem to stick to the Fib levels and have made good profit from Grindrod in the past by buying on a 61.8% retracement.
In August, Grindrod has made a higher low, a higher high and has now retraced a little more than 61.8%. It seems to be at a critical level with a possible entry point.
(All calculations done with EOD data only.)

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Online Share Trading

Critical level

Critical level

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